Cwm LLC Buys 11,205 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Cwm LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 795,730 shares of the company’s stock after acquiring an additional 11,205 shares during the quarter. Cwm LLC owned 0.31% of iShares MSCI USA Min Vol Factor ETF worth $74,926,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Insight Inv LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $1,083,000. Win Advisors Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $899,000. Dynasty Wealth Management LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 7.2% in the third quarter. Dynasty Wealth Management LLC now owns 1,261,838 shares of the company’s stock valued at $120,051,000 after acquiring an additional 84,969 shares during the period. Becker Capital Management Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $569,000. Finally, Cynosure Group LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 16.8% in the third quarter. Cynosure Group LLC now owns 42,424 shares of the company’s stock valued at $4,036,000 after acquiring an additional 6,104 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.3%

BATS USMV opened at $93.94 on Thursday. The stock has a market cap of $23.97 billion, a P/E ratio of 22.90 and a beta of 0.72. The company’s 50-day simple moving average is $94.81 and its 200 day simple moving average is $94.51. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $87.41 and a twelve month high of $98.07.

About iShares MSCI USA Min Vol Factor ETF

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.